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February 16, 2016Paxful Bitcoin Marketplace

If you are interested in getting Bitcoin into your hands quickly then we suggest signing up for an account with Paxful. It’s a peer-to-peer marketplace for buying and selling Bitcoin. The most popular payment method used to buy Bitcoin on this site is pre-paid credit cards as sellers of Bitcoin don’t require you to provide any ID and you can easily pick one up at your corner store. Of course other methods of payment are available as well like PayPal, Interac e-Transfer, Cash Deposit, Western Union and MoneyGram.

When you place a trade the seller’s coins are taken from their Bitcoin wallet and held in Escrow while you communicate with them through the chat window to provide the info they need to approve and/or process your transaction. Once the seller has received the funds they will release your Bitcoin from escrow and they will automatically and instantly appear in your Paxful wallet for your to store or transfer out elsewhere.